Multiple Choice
In order for a fund to exist,there must be
A) assets set aside for specific purposes.
B) a separate revenue stream.
C) a double-entry accounting entity.
D) A and C are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q13: Which of the following is an objective
Q23: The _ is the government's official annual
Q79: Governmental activities fund statements must be changed
Q80: Which organizations have established a hierarchy of
Q81: Fiduciary funds are to use the:<br>A) economic
Q86: The fund statements for governmental funds are
Q88: What is the significance of a budget
Q89: Which of the following is a governmental
Q113: A city government collects local option sales
Q138: Which of the following is not a